Helport AI Limited (HPAI) launches $9.55M at-the-market ordinary share offering
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Helport AI Limited entered into a Sales Agreement with Lake Street Capital Markets, LLC allowing the company to offer and sell its ordinary shares in an at-the-market program. Ordinary shares, par value $0.0001 per share, may be sold from time to time through the sales agent under a Form F-3 shelf registration for an aggregate offering price of up to $9,550,000. The sales agent will use commercially reasonable efforts to execute sales as an “at the market offering” under Rule 415(a)(4), and will receive a commission of up to 3.0% of the aggregate gross proceeds from each sale, plus specified expense reimbursement.
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Key Figures
ATM Aggregate Offering Size: $9,550,000
Sales Agent Commission: 3.0% of aggregate gross proceeds
Par Value per Ordinary Share: $0.0001 per share
+2 more
5 metrics
ATM Aggregate Offering Size
$9,550,000
Maximum aggregate offering price of ordinary shares under the at-the-market program
Sales Agent Commission
3.0% of aggregate gross proceeds
Commission payable to Lake Street Capital Markets, LLC on each sale
Par Value per Ordinary Share
$0.0001 per share
Par value of Helport AI Limited’s ordinary shares eligible for sale
Registration Statement
Form F-3 No. 333-294622
Shelf registration statement under which the ATM shares will be offered
Prospectus Supplement Date
July 10, 2026
Date of prospectus supplement governing the at-the-market offering
Key Terms
at the market offering, prospectus supplement, registration statement on Form F-3, indemnification rights, +1 more
5 terms
at the market offering regulatory
"deemed to be an “at the market offering” as defined by Rule 415(a)(4)"
An at-the-market offering is a way a company raises cash by selling newly issued shares directly into the open market at prevailing prices, rather than all at once in a single deal. Think of it like turning a faucet on to drip shares into trading at current prices when needed; it gives the company flexibility to raise funds over time but can dilute existing shareholders and potentially affect the stock price, which investors should monitor.
prospectus supplement regulatory
"Ordinary Shares will be offered and sold pursuant to the prospectus supplement, dated July 10, 2026"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
registration statement on Form F-3 regulatory
"to the registration statement on Form F-3 (Registration Number 333-294622)"
A registration statement on Form F-3 is a streamlined filing used by eligible foreign companies to register securities for sale in the U.S., often as a “shelf” that lets them offer shares quickly when market conditions are right. For investors it matters because it signals that the company can raise capital on short notice—potentially increasing liquidity but also the risk of share dilution if new stock is issued—similar to a company keeping a pre-approved credit line ready to use.
indemnification rights regulatory
"has agreed to provide the Sales Agent with customary indemnification rights"
aggregate offering price financial
"for an aggregate offering price of up to $9,550,000"
The aggregate offering price is the total dollar amount that will be raised if all the securities in an offering are sold at the stated offering price, before fees or expenses are taken out. Investors use it to gauge the size of the fundraising and its potential effects—such as how much cash the company will get and how much existing ownership might be reduced—similar to totaling every item’s price in a shopping cart to see the full bill.
Offering Details
ATM
Offering
Offering Type
ATM
FAQ
What equity program did Helport AI Limited (HPAI) establish in this Form 6-K?
Helport AI Limited established an at-the-market equity offering program under a Sales Agreement with Lake Street Capital Markets, LLC, allowing sales of ordinary shares over time under a Form F-3 shelf registration.
How large is Helport AI Limited’s (HPAI) at-the-market offering capacity?
The at-the-market program permits sales of ordinary shares for an aggregate offering price of up to $9,550,000 pursuant to a prospectus supplement dated July 10, 2026 under the company’s Form F-3 registration statement.
What commission will Helport AI Limited (HPAI) pay to the sales agent?
Helport AI Limited will pay Lake Street Capital Markets, LLC a commission of up to 3.0% of the aggregate gross proceeds from each sale of ordinary shares under the at-the-market program, plus reimbursement of specified expenses.
Which securities are being offered in Helport AI Limited’s (HPAI) program?
The program covers Helport AI Limited’s ordinary shares, each with a par value of $0.0001 per share, to be offered and sold from time to time through the sales agent on Nasdaq.
What legal opinion supports Helport AI Limited’s (HPAI) at-the-market offering?
The legality of the ordinary shares to be offered and sold is supported by a legal opinion of Ogier, which is filed as Exhibit 5.1 to this Form 6-K reporting the Sales Agreement.